ChinaEconomy2 -financial.pptVIP

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Map of China’s financial organizations in 2007 资料来源：《2007年中国金融年鉴》、《2007年中国证券期货统计年鉴》 Financial Sector Structure Financial intermediation dominated by the banking system, and in particular, the Big Four state banks Between 70-75% of all financial intermediation comes from the banking sector Equity markets dominated by individual investors; institutional money less than 25% Debt markets underdeveloped, mostly commercial paper and government debt Source: McKinsey Global Institute Banking Sector 4 big state-owned banks (51%) 12 national j